Yoco, the payments and commerce platform used by more than 200,000 South African independent businesses, has enabled direct integration with stub, the homegrown online accounting platform. The integration connects Yoco’s system’s sales data with stub’s accounting platform to automate reconciliations, giving independent businesses an up-to-the-second picture of how their business is actually doing.
The partnership brings together two sets of South African founders who started their businesses for the same reason: to give sole proprietors, side hustlers, independent shop owners, tradespeople and other independent businesses the kind of powerful, affordable financial tools that were previously out of reach. Together, Yoco and stub provide a uniquely powerful front-to-back office solution that puts real financial insight where it belongs: in the hands of the people running the business.
Sales and payment data flows automatically and securely from Yoco into stub the moment a transaction occurs. stub categorises each transaction, matches payments to invoice numbers and tags every sale with location data. Independent business owners no longer need to export files, capture data manually, or reconcile transactions across different systems. They can also see which location or device is performing best.
Independent businesses can connect through either platform: by linking stub from inside the Yoco App or by connecting Yoco directly from stub. Once connected, they get an instant picture of revenue, expenses, and cash flow, updated in real time. The result is hours saved on manual processing, faster reconciliations, and cleaner financial records that make for better decisions.
“Yoco is the smart commerce platform independent businesses run on, offering payments, insights, capital, and more; while stub makes sure everything that flows through it is reconciled, understood, and ready to act on.” says Tayla Dandridge, Co-founder and CEO, stub. “The integration between stub and Yoco closes the gap between running your business and doing the books, allowing businesses to claim back the time they are losing due to fragmented systems and manual data capture.”
“Along with partners like Yoco, we are building an ecosystem of tools that just work for South African entrepreneurs and provide them with features and functionality for which they have been waiting for a long time. This partnership exemplifies how local tools should work together via deep integrations that power superior customer experiences.”
The integration makes a real difference for the coffee shop owner running three locations, the market trader with multiple devices, or the tradesperson whose business lives in a personal bank account. For busy entrepreneurs, moving from paper in shoeboxes to live transactions updating in real time opens up room to grow, access credit, and get admin off their plate.
Eugene Coetzee, VP of Engineering at Yoco, says: “It’s exciting to integrate the solutions of two South African companies that truly care about independent businesses in this country. By adding another accounting integration in stub, Yoco is expanding its support beyond payments even further. This is another example that adds to us being the smart commerce platform of choice for independent businesses.”